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UniLeasing opens next regional branch

26 September 2008 09:13 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. Unileasing Company opened its next regional branch.
The fifth branch of the company opened in Saatli, in the central region of the republic, in compliance with the development of regionsâ€™ Program and following the key strategy to render complete spectrum of professional leasing services to the country.
Through the new branch will be a profitable and prospective financial tool like leasing of commercial real estate; construction, transport, production and medical equipment at a very reasonable cost will be available to the Aran economic zone and surrounding regions of the country.
That currently fifth regional branches of the company have been operating in Ganja City (north-west region of the country), Lankaran (south-east region), Shaki (north region), Guba (north-east region) and Saatli (central region).
The leasing portfolio of the regional branches exceeds $7.6 mln.
The regional expansion project of the Company was initiated in 2006 with the Azerbaijan Business Assistance & Development (ABAD) having released USD 68,000 towards its costs, which money was spent on the opening of the provincial branches of Unileasing.